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24.05 24.35
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Economy 2019-08-15T05:18:21+03:00
Ukrainian news
Higher Administrative Court Confirms Illegitimacy Of Declaring Dynamo (Kyiv) FC PrivatBank's Associate

Higher Administrative Court Confirms Illegitimacy Of Declaring Dynamo (Kyiv) FC PrivatBank's Associate

PrivatBank, Higher Administrative Court, FC Dynamo Kyiv, Dynamo (Kyiv) FC

The Higher Administrative Court of Ukraine has confirmed illegitimacy of declaring Dynamo (Kyiv) FC an associate of PrivatBank.

This is said in respective court's ruling dated November 16, Ukrainian News Agency reports.

On December 13, 2016, the National Bank of Ukraine declared Dynamo (Kyiv) FC a PrivatBank's associate.

The FC has appealed to the District Administrative Court of Kyiv against the NBU, Deposit Guarantee Fund (DGF), provisional administrator of PrivatBank and the bank itself.

The FC demanded declaring illegal the decision of the central bank to declare it a PrivatBank's associate.

As Ukrainian News Agency earlier reported, on November 6, the Appeal Administrative Court of Kyiv obliged PrivatBank to return UAH 1.05 billion, USD 266,200 and EUR 7,800 to the Surkis family.


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